Hi WT. I’ve been riding that last tranche.
I am unloading it now. I think we are nearing a bottom. Bought 1 long tranche at Ag = $16.14. 0_0
I sold at $16.00. I think we'll see another 20 cent or so drop in price, so I'm holding off on the long. Nice trading Happy. Those were some big gaps that you held for, yet you still turned a profit. Well done!
WT nice trade. You may well be right about another 20 cents but at that point I might chicken out and sell for a loss (gulp) then wait for lower eg $15.50.
Obviously I was a little eager this am even though it was a profitable sell on the short tranche that yes I’ve held long enough. Not the best ROR but still positive. I missed the big dip today but did add a long tranche at Ag = $16.07 on the rebound.
Again, your analysis and/or instinct is working well for you. Keep it up and keep posting, it’s fun to watch and think about your calls.
All in long at Ag = $15.99
I'm patient. I'm waiting for my price prey like a lion in the savannah
Haha. Yes I’m crashing around like a rhino. I do recall your patience paid off last summer, seemed to take forever but it came very close to your call.
Good to read the trading/direction comments guys. Some very impressive trades in a tight market...tough to do. Please keep posting your thoughts. I'm watching from the nosebleed section, don't want to muddy the waters since I'm still flat.
JNUG at low 13s, then a 4% move up to 13.60s caught my attention though. Looks like range play, enough that a disciplined scalper can still make some coin. Still not settled on a direction with enough conviction to play it though. Low 13 to hi 14 being the range. Also still not convinced that the x3s have the juice they once did and will act the way they should within the range. Vol has been a mere shadow of itself, especially DUST. Days where they should move, in either direction, nothing...time is the enemy with these funds, they are not pillows....so am staying away for a bit longer.
Hoping to see better direction soon.
EW screams for attention. If there is a bottom fallout as some have postulated, that's when everything not nailed down gets turned into long opportunity monies.
...but for now my trading account naps.
Tony thanks for checking in. Whatever changes to trading rules that were made near the end of December have made the tight range scalping more difficult for sure. I count on big players figuring out a new game and then I’ll figure out their game eventually. Doing OK but nowhere near the steady and almost effortless beat of last year.
If silver drops another 80 cents it should be safe to get in the water..
Sitting out today with all my longs. Markets are closed here.
I'm feeling like Friday is my day...
hmm, not a lot happened today. Next week ;)
Yes this is sleepytime. Where did all the rabid speculators and manipulators go??
Well we have a heartbeat! I'm salivating from the price drop. Still waiting...
Yes, finally, as you say a heartbeat. Freed up some investment cash for another tranche at Ag=$15.81. Now just need a little more amplitude to trade.
I'm expecting a day or two more of downward movement. I'm holding off on "loading the boat" today...
hmm, next leg down tomorrow?
Next leg down, mebbe so. I still think it’s putting in a bottom.
Sold a tranche @ Ag=$15.94 late in the day as it looked to be fizzling.
Bought the long back this am @ Ag=$15.77
meh, I just loaded the boat. Maybe my ideal purchase price comes tomorrow ($15.60s), but I'm happy in the high $15.70s. Now we wait!
Alrighty then, here we go. Have a good weekend.